GOLD/ XAUUSD SHORT/ SELL
🔰 Pair Name : XAU/USD
🔰 Time Frame : 4H
🔰 Scale Type : MID Scale
🔰 Direction : SELL
Gold has entered a crucial juncture, encountering a daily resistance at 1981.21 and facing a 4-hour resistance at 1983 following the release of today's deflationary dollar data. A notable market imbalance has been left behind, with substantial buying liquidity accumulated from the prior key high at 1983.67.
Our analysis indicates an anticipated decline in Gold towards the 1945 area, establishing a new key low to gather selling liquidity and rectify the market imbalance caused by the price movement. It is prudent to monitor this correction closely before considering any further moves.
As professional traders, we remain vigilant and observant, making informed decisions based on meticulous analysis of market dynamics. The current scenario presents both challenges and opportunities, and our focus lies in capitalizing on these potential fluctuations to optimize trading strategies.
🔰 Time Frame : 4H
🔰 Scale Type : MID Scale
🔰 Direction : SELL
Gold has entered a crucial juncture, encountering a daily resistance at 1981.21 and facing a 4-hour resistance at 1983 following the release of today's deflationary dollar data. A notable market imbalance has been left behind, with substantial buying liquidity accumulated from the prior key high at 1983.67.
Our analysis indicates an anticipated decline in Gold towards the 1945 area, establishing a new key low to gather selling liquidity and rectify the market imbalance caused by the price movement. It is prudent to monitor this correction closely before considering any further moves.
As professional traders, we remain vigilant and observant, making informed decisions based on meticulous analysis of market dynamics. The current scenario presents both challenges and opportunities, and our focus lies in capitalizing on these potential fluctuations to optimize trading strategies.
Trade active
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Price is moving towards to our targetNote
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Gold possible move todayNote
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Gold possible move todayNote
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Dirty Gold, sideway market...Note
Gold will go down from 1984 area, dxy correctionNote
📈🚀 Trade Update: Hope you jumped in on this one and made a massive profit!🚀💰Note
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Price will pull back to retest Fiblevel 23.6% around 1972.9 area before further down
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